BitcoinLong
BTC: One Falling Wedge Already Broken to the Upside
BTC has already broken up out of one falling wedge and is looking to test the top of the bigger one everyone has been posting about.
Price found support on a 10-month-old trendline going back to July 2017, and after breaking up out of the first wedge came back to test the top of it before heading higher. The MACD on multiple timeframes is crossing up and the RSI on higher timeframes is showing bullish divergence. This coupled with the fact that dumps have been getting shorter and shorter points to a potential bullish reversal soon.
Price found support on a 10-month-old trendline going back to July 2017, and after breaking up out of the first wedge came back to test the top of it before heading higher. The MACD on multiple timeframes is crossing up and the RSI on higher timeframes is showing bullish divergence. This coupled with the fact that dumps have been getting shorter and shorter points to a potential bullish reversal soon.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.